Cost of Living in Lincolnwood, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
221.9
100 = national avg
+121.9 vs national average
Living Wage (1 Adult)
$97,624
per year
Living Wage (Family of 4)
$230,748
per year
Cost Index by Category
Housing351.2
Food132.5
Transportation165.0
Healthcare126.0
Utilities169.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,581
per month
2 Bedroom
$1,781
per month
The overall cost of living index in Lincolnwood is 221.9, which is 121.9% above the national average. Housing costs are above the national average at an index of 351.2. A single adult needs to earn approximately $97,624 per year to cover basic expenses.